Home
About Us
APTMA castigates proposal to ban yarn exports
24/11/2009 12:00
The All Pakistan Textile Mills Association (APTMA) has severely condemned the proposal to impose restrictions on exports of cotton yarn or imposing duty, by saying that this would be against the concept of free trade mechanism.
APTMA said that the country was facing a production shortfall of cotton, despite which raw cotton was being exported in huge quantities and which it has never opposed and was importing cotton from other countries to meets its requirements.
It also went on to add that the spinning sector was paying export parity price to the farmers and in the interest of the farmers would never suggest imposing ban on exports of cotton from the country at a time when a shortfall was looming.
APTMA blamed the closure of a large PSF plant for the hike in yarn prices as other PSF manufacturers had hiked prices and at the same time the government had also imposed anti-dumping duties on imports of PSF into the country.
Fibre2fashion News Desk – India
November 24, 2009 (Pakistan)
Source: www.fibre2fashion.com
APTMA said that the country was facing a production shortfall of cotton, despite which raw cotton was being exported in huge quantities and which it has never opposed and was importing cotton from other countries to meets its requirements.
It also went on to add that the spinning sector was paying export parity price to the farmers and in the interest of the farmers would never suggest imposing ban on exports of cotton from the country at a time when a shortfall was looming.
APTMA blamed the closure of a large PSF plant for the hike in yarn prices as other PSF manufacturers had hiked prices and at the same time the government had also imposed anti-dumping duties on imports of PSF into the country.
Fibre2fashion News Desk – India
November 24, 2009 (Pakistan)
Source: www.fibre2fashion.com
Các tin khác
- Following the imposition of the highest tariff of 37.13%, the Ministry of Industry and Trade is reviewing galvanized steel from China (19/06/2026)
- Official tariffs have been imposed on colorless float glass imported from Indonesia and Malaysia (19/06/2026)
- India seeks to continue anti-dumping duties on Bangladesh’s jute products (19/06/2026)
- Turkey Initiates Anti-Dumping Investigation into Polyester Cord Fabric from Viet Nam (19/06/2026)
- Chinese dumping in Brazil affected the entire garlic supply chain (19/06/2026)
